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Home Prime News

Nepal Maintains Fertilizer Stockpile to Support Agricultural Sector

CEO Tab by CEO Tab
December 19, 2024
in Prime News
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Urea fertilizers imported on subsidy allegedly misused

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As of mid-December (end of Mangsir), the Ministry of Agriculture and Livestock Development has reported that Nepal possesses a substantial stockpile of 98,433 metric tons of chemical fertilizers. This reserve is expected to meet the current demand for agricultural inputs and support the nation’s farming sector during the ongoing season.

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The stock includes 68,797 metric tons of urea, which is a nitrogen-based fertilizer essential for promoting vegetative growth and improving crop yield. Additionally, it comprises 23,439 metric tons of diammonium phosphate (DAP), a fertilizer that provides both nitrogen and phosphorus, vital for root development and energy transfer in plants. The stock also contains 6,196 metric tons of potash, which enhances plant resistance, improves water retention, and boosts the overall quality of crops.

To ensure a steady supply of these fertilizers across the country, the government has assigned the responsibility of importing and distributing them to two state-owned entities: Agricultural Inputs Company Limited and Salt Trading Corporation Limited. These organizations are pivotal in maintaining the balance between supply and demand, thereby helping to prevent shortages that could negatively affect agricultural productivity. The government’s efforts reflect its commitment to supporting farmers and strengthening the agricultural sector, which remains a cornerstone of Nepal’s economy.

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